Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
EXPRO GROUP HOLDINGS N.V. reported the three months ended March 31, 2023 results: revenue $339 million, net income ($6 million), EPS $0.06 per diluted share. Guidance reaffirmed.
- Period
- the three months ended March 31, 2023
- Revenue
- $339 million
- Net income
- ($6 million)
- EPS
- $0.06 per diluted share
- Guidance
- reaffirmed
- Result
- reported results
Exact text from the filing
PRESS RELEASE FOR IMMEDIATE RELEASE EXPRO GROUP HOLDINGS N.V. ANNOUNCES FIRST QUARTER 2023 RESULTS Revenue of $339 million, down 3% sequentially and up 21% year-over-year Adjusted EBITDA 1 of $42 million ($53 million, excluding $11 million of mobilization costs, and start-up and commissioning costs associated with the Company’s now operational light well intervention, or LWI, system), down 40% sequentially and up 14% year-over-year. Excluding such LWI-related costs, Adjusted EBITDA was down 30% sequentially and up 36% year-over-year Adjusted EBITDA margin 1 of 12% (16% excluding LWI-related costs), down sequentially from 20% (21% excluding LWI-related costs) and down year-over-year from 13% (14% excluding LWI-related costs) Reaffirms positive business outlook and full-year guidance range for revenue of $1,450 million to $1,550 million, Adjusted EBITDA of $275 million to $325 million, and Adjusted EBITDA margin of 19% to 21% Completed acquisition of DeltaTek, expanding the Company's off
View on SEC.gov